Thai banks assure systems are in place to protect against cyber scams

[webfact]

 

Commercial banks in Thailand have put in place measures to protect their credit and debit card holders from cyber fraudsters who, between October 1st and 17th, stole about 130 million baht from the bank accounts of 10,700 card holders, according to the Bank of Thailand (BoT) and the Thai Bankers Association (TBA).

 

Under the newly adopted anti-cyber theft mechanism, all commercial banks will closely monitor for unusual transactions, including those which involve frequent but small amounts of money, especially in foreign-based transactions. The banks will also notify their customers whenever an online transaction on their account takes place.

 

The banks will launch a publicity campaign, advising their customers to adjust the amount of the money in their bank accounts to not exceed the approximate amount of their anticipated online spending through the use of credit or debit cards to reduce their exposure to cybercrime.

 

Full story: https://www.thaipbsworld.com/thai-banks-assure-systems-are-in-place-to-protect-against-cyber-scams/

 

-- © Copyright Thai PBS 2021-10-25

 

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[Asquith Production]

5 hours ago, webfact said:

The banks will launch a publicity campaign, advising their customers to adjust the amount of the money in their bank accounts to not exceed the approximate amount of their anticipated online spending through the use of credit or debit cards to reduce their exposure to cybercrime.

So what about the money you are not going to use online? You want us to open a second account for that? Nonsense.

[jacko45k]

Well there is NOW...... but is there a lock on that stable door?

[hotchilli]

5 hours ago, webfact said:

Under the newly adopted anti-cyber theft mechanism

Shame it wasn't in place before.

[digger70]

7 hours ago, Asquith Production said:

So what about the money you are not going to use online? You want us to open a second account for that? Nonsense.

Yes, Most smart people have done that, I am not the smartest guy but I did

[trainman34014]

The usual Thai response to anything important; never Proactive, always Reactive after the damage is done !

[Asquith Production]

15 hours ago, digger70 said:

Yes, Most smart people have done that, I am not the smartest guy but I did

Not necessary for me if they dont do C.O.D for goods they dont get my business. I dont use any debit/credit card online here.

[sammieuk1]

Rest assured you will only be scammed by the usual bent teller in future ????

[Sophon]

38 minutes ago, Asquith Production said:

Not necessary for me if they dont do C.O.D for goods they dont get my business. I dont use any debit/credit card online here.

Nor do I, but that didn't stop me from getting caught up in the recent large fraud case.

[Asquith Production]

9 minutes ago, Sophon said:

Nor do I, but that didn't stop me from getting caught up in the recent large fraud case.

Your CC/debit card must be online somewhere to be caught up in in the recent scam.